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CUU own 25% Schaft Creek: proven/probable min. reserves/940.8m tonnes = 0.27% copper, 0.19 g/t gold, 0.018% moly and 1.72 g/t silver containing: 5.6b lbs copper, 5.8m ounces gold, 363.5m lbs moly and 51.7m ounces silver; (Recoverable CuEq 0.46%)

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Message: Re: NPV - the basics
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Sep 26, 2020 11:38AM
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Sep 26, 2020 08:46PM
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Sep 26, 2020 11:27PM
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Sep 26, 2020 11:53PM

Thanks for all the calculations right or wrong.

My question is how much cash would we see if there ever was a buy out of the Schaft creek property.. I fear that there would be a one time dividend of maybe 25% with the remaining funds directed back into the company coffers.. There would probably be a massive sell off of long time shareholders just cutting bait.. EE and ES would then gobble up shares on the open market and take this company private..

Pure speculation but I just don't see us getting 100% of the proceeds of a sale. 

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Oct 01, 2020 01:58PM
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Oct 01, 2020 02:18PM
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